ESPI Report 32/2018: The signature of an annex no 2 to the Conditions of Investment Agreement of 30 May 2018

In connection with the current report no. 26/20918 dated 30 May 2018, Management Board of Sescom S.A. based in Gdańsk (“the Company”, “the Issuer”) shall inform that the Issuer signed on 21 December 2018 the annex no 2 to the Conditions of Investment Agreement (“Term Sheet”) regarding the investment in limited company established as a result of transformation of Dozór Techniczny R. Rzeźniak & K. Pietrulewicz (“Dozór Techniczny”).

The annex changes the ultimate date for the registration of the new company in Polish National Court Register. Both parties have agreed to establish a new ultimate date to 30 April 2019.

The other terms and conditions contained in the Agreement have remained unchanged.

Another change of the new ultimate date of registration was made at the request of Dozór Techniczny’s representatives because of the fact that the registration process in Polish National Court Register has not been finished yet.

The Issuer considered that the information above is substantial for the Company’s functioning due to long-term impact on the revenue of the Sescom Group.